​GOOD EVENING INDIA!

LATEST NEWS UPDATES ON ENERGY FROM ACROSS THE MEDIA SPACE

India's largest power generation company, ​ NTPC Ltd ​ said on Monday that it has registered over 10% increase in the total income at Rs. 79,342.30 crore ​in 2016-17 ​against Rs. 72,009.16 crore in the previous year.

Tata Power Solar, India's largest integrated ​private sector ​solar company, ​on Monday​ announced that the company has ramped up the scale of business substantially by focusing on building state of art technology, engineering and strengthening on customer & employee satisfaction.

India will levy a 5 percent tax on all equipment required for generating solar power compared with nil duty now, a government official clarified, putting an end to confusion about the new taxation policy for the industry after its landmark tax reform.

India is the world’s second most populous country, and one of the fastest growing economies. Several projections put future India as the world’s most populous country and the world’s third largest economy by 2050.

The Queensland government said on Monday it will not oppose any direct infrastructure fund transfer from the Australian federal government for Adani group's controversy-hit Carmichael coal mine project, which is in limbo.

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 50.63 per barrel (bbl) on 26.05.2017.